Market Trends
According to the Contra Costa Association of Realtors statistics for December 2011 were as follows: New Listings down 8.9% for detached homes and 30.9% for attached properties. Pending Sales increased 33.6% for single family homes and 56.1% for townhomes. The Median Sales Price was down 7.2% to $515,000 for detached homes and 5.7% to $200,000 for attached properties. Months Supply of Inventory decreased 38.1% for single family homes and 64.1% for townhomes. The statistics will vary from community to community.
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